NOT LISTED FOR SALE

4232 E Upper Ridge Way Paradise Valley, AZ 85253

Estimated Value: $3,882,000 - $4,523,000

5 Beds
4 Baths
5,832 Sq Ft
$721/Sq Ft Est. Value

Last Sold April 10, 2018

Last sale price $975,000 $167 Per Sq Ft

Est. 331% increase in value since last sale

Current estimated payment $23,257/month

128 Days on Market

Highlights

  • Gated with Attendant
  • Heated Spa
  • Contemporary Architecture
  • Kiva Elementary School Rated A
  • City Lights View
  • Family Room with Fireplace

About This Home

As of April 2018

An Incredible Opportunity awaits in prestigious guard gated Clearwater Hills. Sweeping 360 degree mountain views from every vantage point of this hillside retreat. This unique Contemporary features include: clean lines, extensive wrap around patios, copper accents, dual kitchens, high ceilings and marble finishes throughout. Remodel the existing home or recreate a new vision/statement masterpiece. Walls of glass throughout frame the Sonoran beauty and private serene cul de sac location.

Last Agent to Sell the Property

Wendy Walker

The Agency License #SA520073000 Listed on: 09/21/2017

The Agency

Co-Listed By

Amanda Malcolm

Engel & Voelkers Scottsdale License #SA660360000

Last Buyer's Agent

Christopher Talley

Blocks Brokerage LLC License #SA652904000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,970

Year Built

  • Built in 1974

Lot Details

  • 0.86 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 5,832 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Solar Screens
  • Family Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Private Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Filtration System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 153
  • Assessor Parcel Number 169-13-020-B

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Clearwater Hills Association, Phone Number (480) 922-9080
  • Built by Custom
  • Clearwater Hills 2 Private Roads Subdivision

Recreation

  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,970

Year Built

Built in 1974

Lot Details

0

HOA Fees

$250 per month

Parking

3

Listing Details

  • Cross Street: Tatum & Lincoln
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 250.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Spa Private: Yes
  • Tax Year: 2016
  • Directions: North on Tatum to Clearwater Parkway. West on Clearwater Parkway to gate. Guard will direct you from gatehouse.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.86
  • Co List Office Mls Id: cbrb02
  • Co List Office Phone: 602-954-6888
  • Subdivision Name: CLEARWATER HILLS 2 PRIVATE ROADS
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 3000.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Kitchen Island, Double Vanity, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 5832.0
  • Stories: 2
  • Window Features: Sunscreen(s)
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Guarded Entry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Street(s), Private Yard
  • Lot Features: Desert Back, Desert Front, Cul-De-Sac, Natural Desert Back, Grass Front, Natural Desert Front
  • Pool Features: Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Common Walls: No Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Guarded Entry, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 3000.0
  • Association Fee Frequency: Annually
  • Association Name: Clearwater Hills
  • Phone: 480-922-9080
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Clearwater Hills
  • Association Fees:HOA Telephone4: 480-922-9080
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2825.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 37667.0
  • Parcel #: 169-13-020-B
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 8970.0
  • Tax Book Number: 169.00
  • Tax Lot: 153
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2025
Sold by
Pvhd Llc
Bought by
Ffcii Llc
Current Estimated Value
$4,202,500

Purchase Details

Listed on
Sep 21, 2017
Closed on
Mar 14, 2018
Sold by
Hedayati Derakhshan and Mankosa Elise Ann
Bought by
Pvhd Llc
Seller's Agent
Wendy Walker
The Agency
Buyer's Agent
Christopher Talley
Blocks Brokerage LLC
List Price
$1,100,000
Sold Price
$975,000
Premium/Discount to List
-$125,000
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.60%
Original Mortgage
$1,258,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2004
Sold by
Hedayati Derakhshan and Mankosa Elise Ann
Bought by
Hedayati Derakhshan and Mankosa Elise Ann

Purchase Details

Closed on
Mar 11, 2003
Sold by
Hedayati Derak and Mankosa Elise
Bought by
Hedayati Derak and Mankosa Elise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
5%

Purchase Details

Closed on
Jan 9, 2001
Sold by
Hedayati Derakshan
Bought by
Hedayati Derakhshan and Mankosa Elise Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
7.41%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ffcii Llc -- Wfg National Title
Pvhd Llc $975,000 Old Republic Title Agency
Hedayati Derakhshan -- --
Hedayati Derak -- North American Title Co
Hedayati Derakhshan -- Capital Title Agency
Hedayti Derakhshan -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pvhd Llc $1,258,000
Previous Owner Hedayati Derak $412,000
Previous Owner Hedayti Derakhshan $407,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2018 04/10/18 Sold $975,000 -11.4% $167 / Sq Ft
01/27/2018 01/27/18 Pending -- -- --
09/21/2017 09/21/17 For Sale $1,100,000 -- $189 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,713 $125,232 -- --
2024 $7,997 $119,269 -- --
2023 $7,997 $187,510 $37,500 $150,010
2022 $8,535 $139,060 $27,810 $111,250
2021 $9,087 $132,570 $26,510 $106,060
2020 $8,679 $138,030 $27,600 $110,430
2019 $8,250 $136,630 $27,320 $109,310
2018 $8,554 $130,660 $26,130 $104,530
2017 $9,323 $111,000 $22,200 $88,800
2016 $8,970 $111,280 $22,250 $89,030
2015 $8,842 $111,280 $22,250 $89,030
Source: Public Records

Agents Affiliated with this Home

  • Wendy Walker

    Seller's Agent in 2018

    Wendy Walker

    The Agency

    (866) 371-6468

    17 in this area

    153 Total Sales

    Wendy Walker
    Section Image
  • Amanda Malcolm

    Seller Co-Listing Agent in 2018

    Amanda Malcolm

    Engel & Voelkers Scottsdale

    (480) 296-9678

    15 in this area

    105 Total Sales

    Amanda Malcolm
    Section Image
  • Christopher Talley

    Buyer's Agent in 2018

    Christopher Talley

    Blocks Brokerage LLC

    (480) 428-9299

    1 in this area

    62 Total Sales

    Christopher Talley
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5663513

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-13-020B

Arizona Maricopa County Paradise Valley 85253

4232 E Upper Ridge Way, Paradise Valley, AZ

This home is located at 4232 E Upper Ridge Way, Paradise Valley, AZ 85253 since 21 September 2017 and is currently estimated at $4,202,500, approximately $720 per square foot. This property was built in 1974. 4232 E Upper Ridge Way is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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